Here are some of the top recent news about binace:
1. API Updates in September 2024: Binance announced major changes to its API, which took effect on September 3, 2024. These updates include adjustments to Request Weight for API endpoints and the deprecation of certain WebSocket User Data Requests. Users are advised to switch to the new API endpoints for better performance.
2. Whale XRP Movement: A significant whale transaction involving 95 million XRP, worth about $50 million, was sent to Binance on September 7, 2024. This massive movement has reignited speculation about potential price drops or market fluctuations for XRP, with the market watching closely as Ripple continues to face legal battles with the U.S. SEC.
3. 2024 Half-Year Report: Binance's half-year report highlighted growth in sectors like SocialFi and Web3 gaming despite a drop in gaming tokens' market cap. Additionally, areas like AI and decentralized physical infrastructure networks (DePIN) saw strong interest from investors.
These developments reflect Binance's continued influence in the cryptocurrency space, with changes affecting both institutional and retail traders.
